Zumper
modified
5+ Days Ago

Location

101 N 5th St #1, Morehead City, NC 28557, USA

Tour 101 N 5th St #1

Contact

Carteret Rentals

(844) 335-9834 ext. 7729

Property Overview

Situated in a strong value-for-money segment, the home stands in the 87.5th percentile locally, indicating comparatively attractive pricing for what is offered. Notable attributes likely include practical interior features and a setting that supports everyday convenience and lifestyle needs. Overall appeal spans buyers and renters seeking a solid combination of location, comfort, and relative affordability within Morehead City.

This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.

Things you’ll love

  • Less expensive

Great for

  • Social life

Policies and fees

Applicants

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 101 N 5th St #1

HomeApartments in Morehead City 101 N 5th St #1, Morehead City, NC 28557, USA

Great location in the 'Promise Land' downtown Morehead City. Over 1100sq' of commercial lease space. Water/Sewer included in rent


Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How 101 N 5th St #1 compares to other nearby properties.

Positives

Less expensive
Studio units are cheaper than other similar listings nearby

Considerations

Greater distance from high schools
The nearest high school is farther than 3 miles away
Greater distance from grade schools
The nearest elementary school is farther than 2 miles away

Address details

Zip code28557
TypeApartment for rent

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Rent trends in Morehead City

studio apartments at 101 N 5th St #1 cost about 8% less than the average rent price for studio apartments in Morehead City.

Median rents as of Jun 13 2026.
Morehead City
A table of studio rental data trends in Morehead City
MonthMedian Rent
June 2024$1,000
July 2024$1,000
December 2025$1,100
January 2026$1,185
February 2026$1,271
March 2026$1,215
April 2026$1,200
May 2026$1,225
June 2026$1,200

Affordability calculator

Can I afford to live at 101 N 5th St #1?

Bedrooms

Studio

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income

$44,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,000 annually to afford this studio monthly rent price of $1,100.
For more information on rent affordability, visit our rent calculator.

Schools near 101 N 5th St #1

Morehead Elementary School at Camp Glenn

3316 arendell st

morehead city, NC, 28557

4-5Public
B+

Morehead City Primary School

4409 country club rd

morehead city, NC, 28557

PK, K-3Public
A-

Child Development Center 4859

4859 jones rd

cherry point, NC, 28533

PKPublic
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Internet available near 101 N 5th St #1

Getting around Morehead City near 101 N 5th St #1

Walking

4/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Points of interest for 101 N 5th St #1, Morehead City

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

3/10
Some shops within walking distance

Cafes

3/10
Some cafés within walking distance

Restaurants

4/10
Some restaurants within walking distance

Primary schools

4/10
At least one elementary school within a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

4/10
Some bars within walking distance

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